Provident Financial Services (PFS) Tops Q3 EPS by 19c

October 30, 2020 8:06 AM

Provident Financial Services (NYSE: PFS) reported Q3 EPS of $0.37, $0.19 better than the analyst estimate of $0.18.

Christopher Martin, Chairman and Chief Executive Officer commented: “We look forward to the opportunities that our merger with SB One Bancorp provides our combined company, and we welcome our new colleagues who joined us in the transaction. Our team did a great job getting the acquisition completed on a timely basis in a challenging operating environment.” Martin added, “We continue to work with our borrowers who have been impacted by this stressed economic environment and we are heartened by the number of customers who have rebounded and resumed making their full loan payments. In addition, our investments in enhancing digital delivery channels have provided our customers with a widely accepted and convenient platform for remote access to their accounts and other services.”

For earnings history and earnings-related data on Provident Financial Services (PFS) click here.

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